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DiscoverEQU.JO
Real EstateJSEZAR

Equites Property Fund

R0012345678900123456789.0012345678900123456789+3.9%
52w low (est.) R14.72R22.11 52w high (est.)
Peers
Market data
Market cap
R15.54B
52-week range
R15.30 – R19.25
Beta (vs market)
0.34
Sector
Real Estate
Valuation
P/E ratio
10.1x
DCF fair value
R26.20
Margin of safety
+46.5%
Forward P/E
11.4x
Dividend yield
8.16%
Quality & efficiency
Moat score
69/100
Return on equity
11.3%
Profit margin
51.7%
Debt / equity
0.54
Growth & analysts
Revenue growth (YoY)
-29.3%
Analyst target
R15.00
Target upside
-16.1%
Analysts covering
2

About Equites Property Fund

Equites Property Fund Limited (Equites) is a South African REIT. It has a clear focus on being a market leader in the logistics property market by developing and acquiring A-grade, modern logistics facilities in prime locations in South Africa and the United Kingdom. Equites listed on the Johannesburg Stock Exchange (JSE) on 18 June 2014 with a portfolio value of R1 billion and has since grown to a portfolio value to R19.3 billion 28 February 2021. The group continues to grow its portfolio through a significant development pipeline and high-quality acquisitions. Equites is the only listed property entity on the JSE to provide shareholders with pure exposure to prime logistics assets. Equites Property Fund Limited was established on May 20, 2013, and incorporated in South Africa.

Valuation

ValueGrowthProfitHealthIncome77QUALITY
Overall Rating
83
Strong Buy
Strong Buy
Moat Score69
DCF Intrinsic Value
R26.20+46.5% upside

Moat, DCF and rating computed by our valuation engine (ported from the original Python model).

Fundamentals

Market Cap
R15.54B
P/E Ratio
10.1
Dividend Yield
8.16%
Revenue Growth
-29.3%
Profit Margin
51.7%
ROE
11.3%
Debt / Equity
0.54
Beta
0.34
ValueDividend Aristocrats
vs Real Estate sector:P/E 10 vs 0 Moat 69 vs 0Yield 8.16% vs 0.0%

Statistics

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Latest News · EQU.JO